L&L Holding Company announced that anchor tenant Citadel Enterprises LLC is expanding its tenancy at 425 Park Avenue, the 47-story office tower currently under construction in Midtown’s Plaza District. Citadel’s presence at the tower will grow to 331,800 s/f, adding to the 211,400 s/f it originally leased in 2016. The...
The FIRE sector—financial services, insurance and real estate—accounted for one third of the boroughʼs leasing business during the 4Q, according to reports.
NYC Health + Hospitals signed a more than 500,000 s/f lease at 50 Water Street. The agency that operates the city’s public hospitals and clinics will use the 526,552 s/f of space to merge their administrative offices throughout the city into one campus in Lower Manhattan. The move reduces their...
Boston Properties announced that it has signed a long-term lease for more than 300,000 sf with Millennium Management at its 399 Park Avenue property. With this lease, 399 Park Avenue will be 93% leased, on track with the Company’s stated goals for the property. “Midtown Manhattan continues to be the location of choice for many of the...
The City Council approved a rezoning that will better align the Garment District’s zoning by allowing for offices and preserving clothing manufacturing.